Spike's Scientific Stock Analysis

[spikefader]

Hey spike any thoughts on GGI, thanks in advance

Don't know if you saw this earlier chart I posted, warning of bearishness.

http://img47.photobucket.com/albums/v145/spikefader/Trading/GGI_update.jpg

Here are today's thoughts:

[spikefader]

Re: intraday s1,s2,r1,r2

Spike,

How do you figure out intraday support (s1, s2) and resistance (r1,r2)? Could you project these from stock movements for the previous days?

also, any thoughts on IPIX?

Thanks.

Yaoyao

S1, S2, R1, R2, Pivot, are all automatically projected and drawn by my charting (quotetracker), so I don't have to calculate them. Yes, they are projections based on previous days price action.

IPIX:
http://img47.photobucket.com/albums/...IPIX_cover.jpg would have been a nice hold

[evilarya]

Hey spike oh wise one, even though there is uncertainty with NT what do the charts say about it.

[spikefader]

Hey spike oh wise one, even though there is uncertainty with NT what do the charts say about it.

Not lookin' good.

[New-born baby]

NT--it can't go to zero, can it? Say it ain't so, Joe!

Spike

You can't possibly mean it when you say it doesn't look good for NT, can you? "Say it ain't so, Joe. Say it ain't so". This is one of the big recommends of Jim Cramer--you know, the one you pay for him to tell you what he buys and sells. He really pushed NT in March, 2004. (His other picks for March, 2004 included Halyburton and El Paso. Just think of it: three stock picks in one week where the CEO and the CFO of each could draw unemployment together). He also pushed CHTR that week (and several weeks thereafter).

Here's good advice you won't have to pay for: don't take Jim Cramer's advice. My only regret is that the price is so low, you can't sell NT short anymore.

[spikefader]

Re: NT--it can't go to zero, can it? Say it ain't so, Joe!

My only regret is that the price is so low, you can't sell NT short anymore.

Well I've got good news for you. You can still short NT - at least interactivebrokers.com has it on the list of shortable stocks. I've shorted sub-$5 stocks many times. No reason NT should be excluded

[Websman]

Wassup Spike!
Check out TZOO. I hate it when I miss a move like that, but now that I have become an unemotional, Vulcan trader, I am sitting and watching the interesting action in this stock.
Would this be a high tight flag formation? If so it should fall just as hard as it went up. It seems highly illogical to me that it would just keep climbing. It's a vulcan shame to miss a move like this.

Live long and prosper Spike.

[IamOrion]

ESMC

Hey spike that ESMC short worked out pretty well for me, thanks for taking the time to look at it for me. Any thoughts on a Long Pos. in CNLG.

Thanks again

[IamOrion]

CNLG

Looking for an entry around 4.80-5.00 range...

[IamOrion]

Sorry

Sorry spike, scratch CNLG. Want no part of it long or short.

Thanks

[spikefader]

Wassup Spike!
Check out TZOO. I hate it when I miss a move like that, but now that I have become an unemotional, Vulcan trader, I am sitting and watching the interesting action in this stock.
Would this be a high tight flag formation? If so it should fall just as hard as it went up. It seems highly illogical to me that it would just keep climbing. It's a vulcan shame to miss a move like this.
Live long and prosper Spike.

Fat lady hasn't warmed up yet - might give an entry on the long side. Or might be a spikefade setup eventually. Maybe, maybe not. Let's haggle for longs, and be patient for a short.

[spikefader]

Re: ESMC

Hey spike that ESMC short worked out pretty well for me, thanks for taking the time to look at it for me. Any thoughts on a Long Pos. in CNLG.

Thanks again

Congrats!
Just some quick thoughts:

[spikefader]

Re: CNLG

Looking for an entry around 4.80-5.00 range...

If it gets that low that would be a channel turn down, and I'd be waiting for better times to enter. If it were me, assuming the channel doesn't turn down, I'd consider an entry just above the red channel entry the other day, with a stop below the low on that day.

[spikefader]

Re: Sorry

Sorry spike, scratch CNLG. Want no part of it long or short.

Thanks

LOL alrighty then....

[New-born baby]

PHRM

Spike

You gotta look at PHRM's chart. Gapped up--huge hole!--over $8! And as you say, "gaps like to be filled." I can just see you putting this one on your watch list, and fading the spike for big $$$. Just alert me when the time comes, okay?

Best of trading to ya,